Funder DirectoryGEORGE W & RUTH R BAXTER FOUNDATION
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Private foundation (trust)EIN 560949547Est. 1970-10

GEORGE W & RUTH R BAXTER FOUNDATION

CHARLOTTE, NC 28211

Total Assets

$21.6M

FY 2024

Annual Giving

$691K

FY 2024

Grants Made

63

FY 2024

Avg Grant

$11K

FY 2024

Grant Range

$3K–$30K

Typical

Deadlines

Applications

Programs & Activities

Program 1

Not applicable

Financial Snapshot

2024 filing

Total Revenue

$1.4M

Total Expenses

$1.1M

Qualifying Distributions

$872K

Distributable Amount

$1.1M

Min. Investment Return

$1.1M

Undistributed Income

$844K

Payout rate 81%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.81%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

63 grants

Grant sizes from minimum $3K through median $10K to maximum $30K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $941K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

261 grants

HEINEMAN MEDICAL RESEARCH INC
$200K
4 grants
SECOND HARVEST FOOD BANK
$165K
5 grants
SALVATION ARMY
$160K
5 grants
MEDASSIST NC
$155K
5 grants
FRIENDSHIP TRAYS
$150K
5 grants
HEART MATH TUTORING
$135K
5 grants
LOAVES AND FISHES
$135K
3 grants
PATRIOT FOUNDATION
$130K
5 grants

Grant Size Distribution

261 grants

<$10K
136
grants
$10–50K
123
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

North Carolina
$3.8M
95% of total
Tennessee
$149K
4% of total
South Carolina
$50K
1% of total
Texas
$10K
0% of total
New York
$3K
0% of total

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